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Pre Settlement Funding in Washington
Do you have a pending personal injury lawsuit in the state of Washington? Personal injury lawsuits can take many months to settle, leaving you without money to pay medical bills, your mortgage, car payments, groceries, and other living expenses.
Washington Lawsuit Cash Advance
Alliance Claim Funding can provide you with a lawsuit cash advance. Sometimes referred to as a lawsuit loan, this “loan” is actually an advance against your eventual lawsuit settlement. A Cash Advance is quite different from a loan. Because a cash advance is considered non-recourse it means that if you lose your case, the money is yours to keep with no strings attached. We only collect if you win your case or obtain a settlement.
Lawsuit Funding in Washington
We Provide Lawsuit Funding In 39 States
We make reliable lawsuit funding solutions for plaintiffs that address your urgent financial needs.
- There are No employment or credit checks required
The lawsuit advance is based only on your lawsuit.
- You will not have monthly payments
While you wait for your settlement.
- No out of pocket expenses
All fees are recovered in your settlement.
If you don’t find your answer, feel free to give us a call 888-732-3389
A lawsuit loan is a type of short-term loan that is available to people who are involved in civil lawsuits, such as personal injury cases. This type of loan provides plaintiffs with the funds they need to cover legal fees and other expenses associated with their case until it is resolved or settled. It is important to note that this type of loan is not considered debt; rather, it is an advance on money that will be received once the case has been resolved or settled. Additionally, these loans do not require any credit checks or collateral from the borrower, making them much more accessible than traditional bank loans.
The process for obtaining a lawsuit loan in Washington is fairly simple. First, potential borrowers must submit an application detailing their case and provide supporting documents such as medical bills and police reports related to the incident in question. The lender will then review the application and provide an offer based on its evaluation of the case’s potential outcome. Once approved, borrowers will typically receive their funds within 24-48 hours. It’s important to note that if you do not win your case or receive a settlement, you are not obligated to repay the loan amount; however, if you do win your case or receive a settlement, then you will be responsible for repaying the lender out of those proceeds with interest added on top of the principal amount borrowed.
There are several benefits associated with pre-settlement funding in Washington state:
You get cash now—When you file a lawsuit against an individual or business, it often takes months or even years for your case to settle or go to trial. During this time, you still need money for day-to-day expenses like food and rent. With pre-settlement funding, you get cash up front so that you don’t have to worry about making ends meet during the legal process.
You don’t have to repay anything if you lose—If your case goes nowhere and fails to settle or win at trial, then you won’t owe anything back for the advance on your settlement/judgment award that you received from pre-settlement funding. That means no more worries about repaying loans or missing payments while waiting for justice!
No credit checks required—Since this type of loan is based on future earnings rather than current credit history, lenders do not look at credit scores when considering applications for pre-settlement funding; they simply assess risk based on the merits of each case.
Lawsuit pre-settlement funding can be a game changer for those facing financial struggles due to lawsuit related costs. It is designed to provide lawsuit loan applicants with enough money to cover basic living expenses while they wait for the lawsuit settlement. Eligibility widely varies depending on state regulations, applicable case laws, and the type of lawsuit involved. Generally speaking, if you have a lawsuit pending in Washington State, received an offer of settlement from the defendant, and have attorney representation involving a personal injury lawsuit then you may qualify for lawsuit pre-settlement funding in the form of cash advances.